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Description:
This book has been widely applauded for its breadth and depth of coverage encouraging readers to develop a holistic view of agriculture that cuts across production, marketing, and policy. Appropriate for upper-division readers having a calculus and microeconomics theory background, economists will also find this book a useful resource when dealing with risk, storage, and farm policy. Readers will think like economists through the use of real-world observations incorporated within the chapters. They will adapt basic tools learned in courses in economic theory and mathematics as they are gaining experience in using real-world examples to solve problems.